Hambro launches its first Japan fund as regional specialist steps on board

Having poached specialist Japanese fund manager Scott McGlashan from Jade, JO Hambro Capital Management has launched its first Japan fund. The JOHCM fund is also set to be the first offshore vehicle to be sold to UK investors through the Cofunds platform, if negotiations are successful. The fund is already available in the UK through Fidelity's Fundsdirect. The Japan Fund is a Dublin-based Oiec, which will have 40-60 holdings. The fund will be benchmarked against the Japanese Topix Index with a high expected tracking error. McGlashan said: "The timing is good as Japan is now going throu...